Tompkins Financial Stock Market Value
| TMP Stock | USD 47.32 0.49 1.05% |
| Symbol | Tompkins |
Tompkins Financial Price To Book Ratio
Is Tompkins Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tompkins Financial. If investors know Tompkins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tompkins Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 2.4 | Earnings Share 0.49 | Revenue Per Share 14.895 | Quarterly Revenue Growth (0.05) |
The market value of Tompkins Financial is measured differently than its book value, which is the value of Tompkins that is recorded on the company's balance sheet. Investors also form their own opinion of Tompkins Financial's value that differs from its market value or its book value, called intrinsic value, which is Tompkins Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tompkins Financial's market value can be influenced by many factors that don't directly affect Tompkins Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tompkins Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tompkins Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tompkins Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Tompkins Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tompkins Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tompkins Financial.
| 03/06/2024 |
| 05/05/2024 |
If you would invest 0.00 in Tompkins Financial on March 6, 2024 and sell it all today you would earn a total of 0.00 from holding Tompkins Financial or generate 0.0% return on investment in Tompkins Financial over 60 days. Tompkins Financial is related to or competes with Korea Electric, Orix Corp, and SK Telecom. Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust an... More
Tompkins Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tompkins Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tompkins Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.67 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 4.24 |
Tompkins Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tompkins Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tompkins Financial's standard deviation. In reality, there are many statistical measures that can use Tompkins Financial historical prices to predict the future Tompkins Financial's volatility.| Risk Adjusted Performance | 0.0024 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tompkins Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tompkins Financial Backtested Returns
We consider Tompkins Financial very steady. Tompkins Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0035, which indicates the firm had a 0.0035% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Tompkins Financial, which you can use to evaluate the volatility of the company. Please validate Tompkins Financial's Variance of 5.55, coefficient of variation of (12,719), and Risk Adjusted Performance of 0.0024 to confirm if the risk estimate we provide is consistent with the expected return of 0.0083%. The entity has a beta of 1.81, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tompkins Financial will likely underperform. Tompkins Financial right now has a risk of 2.39%. Please validate Tompkins Financial total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Tompkins Financial will be following its existing price patterns.
Auto-correlation | 0.11 |
Insignificant predictability
Tompkins Financial has insignificant predictability. Overlapping area represents the amount of predictability between Tompkins Financial time series from 6th of March 2024 to 5th of April 2024 and 5th of April 2024 to 5th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tompkins Financial price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Tompkins Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 1.96 |
Tompkins Financial lagged returns against current returns
Autocorrelation, which is Tompkins Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Tompkins Financial's stock expected returns. We can calculate the autocorrelation of Tompkins Financial returns to help us make a trade decision. For example, suppose you find that Tompkins Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Tompkins Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Tompkins Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tompkins Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tompkins Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Tompkins Financial Lagged Returns
When evaluating Tompkins Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tompkins Financial stock have on its future price. Tompkins Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Tompkins Financial autocorrelation shows the relationship between Tompkins Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Tompkins Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Tompkins Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tompkins Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tompkins Financial Stock. Highlighted below are key reports to facilitate an investment decision about Tompkins Financial Stock:Check out Tompkins Financial Correlation, Tompkins Financial Volatility and Tompkins Financial Alpha and Beta module to complement your research on Tompkins Financial. To learn how to invest in Tompkins Stock, please use our How to Invest in Tompkins Financial guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Tompkins Stock analysis
When running Tompkins Financial's price analysis, check to measure Tompkins Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tompkins Financial is operating at the current time. Most of Tompkins Financial's value examination focuses on studying past and present price action to predict the probability of Tompkins Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tompkins Financial's price. Additionally, you may evaluate how the addition of Tompkins Financial to your portfolios can decrease your overall portfolio volatility.
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Tompkins Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.